Bill Request 971

Title AN ACT relating to veterans' income taxation.
Bill Documents Original
Sponsors K. Fleming
Summary of Original Version Create a new section of KRS Chapter 141 to establish a deduction of the first year's income for veterans who remain or move into this state immediately upon exit from the Armed Forces and maintain residency in this state for a minimum of three consecutive years thereafter; amend KRS 141.019 to allow for the deduction; amend KRS 131.190 to allow reporting of the deduction by the Department of Revenue to the Legislative Research Commission.
Index Headings Taxation - Taxation, exclusion of income, veterans
Taxation, Income--Individual - Exclusion of income, veterans
Veterans - Exclusion of from taxation


12/09/21 Prefiled by the sponsor(s).

Last updated: 12/21/2021 12:15 PM (EST)
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